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Equinor and Shell collaborate on digital solutions

Equinor and Shell have signed a memorandum of understanding on digital collaboration to develop solutions and methods together through the exchange of expertise within areas like data science, artificial intelligence and 3D printing. The collaboration is expected to entail co-innovation across the whole value chain, such as maintenance, production optimisation and supply chain management.

‘We are already collaborating closely in the
Open Subsurface Data Universe (OSDU) initiative and see many mutual benefits as both companies have applied cloud-based digital solutions as an approach to our industry’s digital transformation. Such collaborations are increasingly important to strengthen safety, reduce carbon emissions and realise value by applying digital technologies,’ says Torbjørn Folgerø, Chief Digital Officer, Equinor.

The agreement will be further detailed on a project basis.

‘Open innovation is key to accelerating digital innovation across the energy industry. Collaborating and building on others’ strengths is critical to deliver competitive and affordable technology,’ adds Alexander Boekhorst, Vice President for Digitalisation and Computer Science in Shell.

News Item details


Journal title: Petroleum Review

Subjects: Digitalisation

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